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Photo: Norwegian Seafood Council/FIS
Mixed Dynamics in the Norwegian Pelagic Market: Mackerel Booms, Herring Holds Ground
(NORWAY, 5/8/2025)
Despite seasonal downturn for herring, strong price performance and surging demand for mackerel drive export value gains across key global markets
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Market Overview
The Norwegian pelagic fish market continued to show contrasting trends in April, with herring entering its low season while mackerel capitalized on tight supply and robust global demand. Both species registered year-over-year value growth, supported by strategic market expansion and favorable pricing.
Herring: Low Volumes, Stronger Prices
Top markets: Poland, Egypt, and Belarus
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Poland led value growth with exports worth NOK 15 million (~USD 1.38 million), up 44% YoY
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Volume to Poland reached 2,094 tonnes, up 29% from April 2024
“April is typically a low season for herring exports, but so far this year we’ve seen limited volumes paired with higher prices,” says Paul T. Aandahl, Seafood Analyst at the Norwegian Seafood Council. “Following the January 1 customs agreement with the EU, exports of marinated herring products have gained momentum.”
Mackerel: Tight Supply Drives Growth
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.png) Top markets: Vietnam and the United States
“As anticipated, restricted supply and sustained global demand have lifted both prices and export values for Norwegian mackerel,” notes Aandahl.
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Marinated herring products in April: (1)(1).png)
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